In 2024, South Africa's swine meat production is forecasted to stand at 330 thousand metric tons, an increase from 2023. The year-on-year growth from 2023 to 2024 shows a consistent upward trend. Forecasts indicate continued growth with production reaching 371 thousand metric tons by 2028, reflecting an average annual growth rate (CAGR) over these five years.
Year-on-year variations:
• 2023 to 2024: approximately 3.3% increase
• 2024 to 2025: approximately 3.3% increase
• 2025 to 2026: approximately 2.9% increase
• 2026 to 2027: approximately 2.8% increase
• 2027 to 2028: approximately 2.8% increase
Future trends to watch:
• Advancements in swine breeding techniques and feed efficiency.
• Impact of domestic policy changes on agricultural production incentives.
• Fluctuations in domestic and international demand for swine meat.
• Evolution of swine diseases and biosecurity measures.